NEW YORK, Jan. 5, 2016 /PRNewswire/ -- Agriculture accounted for 5.6% of the GDP of Brazil. Brazil is currently one of the leading manufacturers and exporters of fibers, food, energy, and meat. It is also one of the largest producers of soybeans, corn, coffee, sugarcane, oil plants, grapes, oranges, beef, poultry, meat, and pork. The population of Brazil is likely to rise by 30% over the next three decades. However, the booming agriculture in the country is expected to fulfil the demand for food. The equatorial climate of Brazil is favorable for insects, weeds, and fungi, which leads to demand for agrochemicals. In 2012, Brazil surpassed the US as the largest buyer of pesticides.
Technavio's analysts forecast the agrochemicals market in Brazil to grow at a CAGR of 4.71% over the period 2014-2019.
Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the agrochemicals market in Brazil during 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of following products:
- Pesticides
- Insecticides
- Fungicides
- Herbicides
- Biopesticides
- Fertilizers
- Nitrogenous fertilizers
- Phosphorus fertilizers
- Potassium fertilizers
Technavio's report, Agrochemicals Market in Brazil 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It focuses on Brazil; it also covers the landscape of the agrochemicals market in Brazil and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key vendors
- BASF
- Bayer CropScience
- FMC
- Syngenta
Other prominent vendors
- Adubos Sudoeste
- Agrium
- Dow AgroSciences
- DuPont
- EuroChem
- Koch Industries
- Novozymes
- PotashCorp
- Valent BioSciences
Market driver
- Increased demand for food
- For a full, detailed list, view our report
Market challenge
- Supply restrictions
- For a full, detailed list, view our report
Market trend
- Rise in agricultural sustainability
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03231954-summary/view-report.html
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